Shattuck Labs (STTK) director Clay Siegall buys 62,500 shares at $4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shattuck Labs director Clay B. Siegall bought 62,500 shares of the company’s common stock in an open-market transaction at $4.00 per share. After this purchase, he directly owns 318,608 shares. The footnote explains the shares were purchased in connection with the company’s underwritten offering that closed on June 11, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 62,500 shares ($250,000)
Net Buy
1 txn
Insider
SIEGALL CLAY B
Role
null
Bought
62,500 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 62,500 | $4.00 | $250K |
Holdings After Transaction:
Common Stock — 318,608 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 62,500 shares
Purchase price: $4.00 per share
Shares owned after transaction: 318,608 shares
3 metrics
Shares purchased
62,500 shares
Open-market purchase on June 9, 2026
Purchase price
$4.00 per share
Common Stock transaction
Shares owned after transaction
318,608 shares
Direct holdings following purchase
Key Terms
open-market purchase, underwritten offering, Common Stock, Form 4
4 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
underwritten offering financial
"purchased in connection with the Issuer's underwritten offering"
An underwritten offering is when a bank or group of banks agrees to buy all of a company's new shares or bonds and then resell them to outside investors, guaranteeing the company will raise a specific amount of money. It matters to investors because it adds certainty that the funding will close while increasing the number of shares or debt in the market, which can lower the price per share and change each existing owner's ownership percentage—think of a wholesaler buying an entire shipment from a maker before it reaches stores.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did STTK director Clay B. Siegall report?
Director Clay B. Siegall reported buying 62,500 shares of Shattuck Labs common stock. The shares were acquired in an open-market purchase at $4.00 per share, increasing his direct holdings to 318,608 shares after the transaction.
What type of transaction code was used for the STTK insider trade?
The transaction used code P, which indicates an open-market or private purchase of common stock. This means Clay B. Siegall actively bought 62,500 shares rather than receiving them as a grant, award, or derivative exercise.